...This paper seeks to look at Vietnam’s economy, financial sector, and political sector in respect to the textile industry. In an attempt to evaluate the feasibility of entering a foreign market, we focus our paper on a mid-sized company called Augusta Textile Company. This paper seeks to evaluate Vietnam’s potential for investment, particularly in the textile industry. While the company seeks to increase revenues and keep costs of production low, the company must look to expand to growing markets. However, various risks must be taken into consideration, as they can be great barriers to entry. The company looks to expand with the least financial risk, but greatest potential output and revenue. In evaluating the textile industry in Vietnam, as well as potential modes of entry, we may conclude a recommendation for Augusta Textile Industry’s future potential expansion. Introduction Country Basics Vietnam is formally known as the Socialist Republic of Vietnam and is located in the South China Sea. It is the thirteenth most highly populated country in the world (Hossain, 2010). The current population of Vietnam is estimated at about 90.4 million (The Heritage Foundation, n.d.). There are 54 officially recognized ethnic groups in Vietnam, but the majority are Viet (also known as “Kinh”), comprising of about 86% of the total population. Other significant ethnic groups are the Tay, Thai, Muong, Khome, and Hoa. The vast majority of the Vietnamese population speaks the Vietnamese...
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...Businesses and Their Interactions with National Environment Assignment 1 Name: Le Tung Lam Roll Number: GH12142 Class: GM02103-GM02104 Contents I. Introduction 2 II. Analysis 2 1. Understand the organizational purposes of businesses (LO1). 2 2. Understand the nature of the national environment in which businesses operate (LO2). 14 Bibliography 21 I. Introduction Organisations are part of human society and, like people, are subject to rules their conduct towards others; in our lives, everyone has contacted with many forms, types of organisations with different purposes and objects; The business organisations that people contact range from many different giant multinational organisations, employing thousands all over the world, and it will have a turnover larger than other nations gross national product, to modest another small business organisations just has a few people and organise in a small locality. In this report, we need to identify purposes of different forms, types of organisation and to investigate the national environment in businesses operation; specific is research the different of economic system between organisations in different countries, PepsiCo (United State) and Techcombank (Viet Nam) is the choice to support my future investment decisions. II. Analysis 1. Understand the organizational purposes of businesses (LO1). 2.1. Identify the purposes of different types of organization We need to understand some elements...
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...Lecturer: Huynh Trung Dung Group: Name: Tran Van Lau Student ID: S3255155 PROJECT PROPOSAL RMIT International University Vietnam Bachelor of Commerce Program Assignment Cover Page Subject Code: | BUSM3311 | Subject Name: | International Business | Location & Campus (SGS or HN) where you study: | RMIT Vietnam | Title of Assignment: | Assignment 2 | Student name: | Tran Van Lau | Student Number: | S3255155 | Teachers Name: | Huynh Trung Dung | Group Number: | 4 | Assignment due date: | 20/08/2012 | Date of Submission: | 20/08/2012 | Number of pages including this one: | 28 | Word Count: | 2500 | Table of Contents I. COUNTRY OVERVIEW 5 1. GEOGRAPHY 5 2. SOCIAL CONDITIONS 5 3. ECONOMICS CONDITIONS 6 4. LEGAL CONDITIONS 7 5. POLITICAL CONDITIONS 7 6. INFRASTRUCTURE CONDITIONS 7 II. COMPANY OVERVIEW 8 III. PRODUCT OVERVIEW 8 1. Products 8 2. Price 10 3. Place 10 a. Domestic market 10 b. Foreign market 11 4. Promotion 11 IV. International Institutional Environment 11 V. MARKETING ANALYSIS 12 1. Marketing objectives 12 2. Competitors Analysis 12 a. Direct Competitors 12 b. Indirect competitors 12 3. Target market & Segmentation 14 a. Target market 14 b. Positioning 14 VI. ENTRY MODEs 15 1. Exporting 15 2. Joint Venture 15 3. Wholly owned subsidiaries (WOS) 16 4. CRITERIA 16 5. MAKING DECISION 16 VII. FINANCIAL P/L 17 1. Financial Statement...
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...Legislation on Wildlife Trade in Singapore and Vietnam Abstract At the centre of biodiversity conservation and sustainable development lies wildlife trade. Humans, especially the less affluent, depend on forests and wildlife for food and income (Nijman, 2010). With globalization and economic development, consumption of wildlife is increasing as wildlife is considered delicacies, medicines, and pets, particularly by the Asians (Nyugen & Thach, 2014). To prevent the overexploitation of wildlife, and to protect nature for present and future generations, governments around the world have implemented laws and policies to control and to ensure the sustainability of wildlife trade. However, despite the governmental efforts to reduce illegal wildlife trade through captive breeding or artificial propagation, it is still flourishing. This chapter discusses, compares, and evaluates the legislation regarding wildlife trade particularly in Singapore and Vietnam, which are popular ports for wildlife trade due to their strategic locations (Neo, 2014; Nyugen & Thach, 2014). The chapter also reflects on the strengths and weaknesses of the laws, and suggests possible improvements. Introduction Wildlife trade refers to any sale or exchange of wild animal and plant resources by people (TRAFFIC, n.d.). While it has been exploited and consumed for thousands of years as food, medicine, pets, trophy, a source of income, and private collections, the trade has been increasing at an unprecedented...
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...One year to go through the turbulent Vietnam's economy, including logistics industry, although imports and exports reached 202 billion dollars, and foreign trade continued to grow higher in conditions of crisis financial world has not recovered and hovering euro crisis, debt . In 2013, Vietnam faced with the highest inflation in the region, causing many to affect prices, materials, services, special additives are higher freight, sea freight market, aviation world is in a recession accompanied by shipping companies, airlines Vietnam in a similar situation. Despite these difficulties, more optimism about the prospects for Vietnam's economy in 2012 and expectations for the long-term potential of the economy, a "new stage for increased competitive growth". In the positive changes to improve the business environment of Vietnam, areas most clearly observed in the change in 2011 as administrative procedures and infrastructure, telecommunications ... this is the point light paved the way for 2012, and as noted above, Vietnam's logistics industry needs to look more optimistic contributed significantly to bringing Vietnam import-export turnover to a new stage production and servicing, consumer domestic to large fluctuations occur. The optimism of the logistics industry in Vietnam in 2012 through the following presentation: Take a look at the indicators optimistic about Vietnam's logistics industry, it is also the most stable signals: Vietnam's logistics industry has matured...
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...PLC, a multinational retailer in grocery and merchandise towards Vietnam market. The paper conducted the report through collecting secondary data from General Statistics Office of Vietnam, Work Bank Data Source, CIA and some other trusted data source to indicate in detail whether Vietnamese market is a possible one for Tesco. The result point out that Vietnam could be a possible market for the core strategy of Tesco PLC. 1. INTRODUCTION Retail section has becoming one of the most potential businesses in the booming industry recently. Along with an active market, a level of competitiveness among retailers is also considered as a core factor influences each typical business strategy with the aim at obtaining big goal of profit. Numerous big retailer Groups in the world, now is trying to expand their business towards prospective market but not only domestic one such as Wal-mart or Metroto be able to perform, develop and compete through having effective plan and well performing. This report would like to examine Tesco PLC, the biggest retailer from the United Kingdom as a representative case for the effective expansion strategy implementation basing on analysing some key factors of host country’s market in a macro level. The chosen country is Vietnam, a brand new and potential Asian market which has quite high level of demanding in term of commodities so far. 2. MAIN BODY 3.1. Tesco PLC – Overview Tesco, a multiple retailer, was established in 1919 by Jack Cohen...
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...------------------------------------------------- Uber’s Legal Problem in Thailand RMIT International University Vietnam Bachelor of Commerce Program Assignment Cover Page Subject Code: | BUSM3311 | Subject Name: | International Business | Location & Campus (SGS or HN) where you study: | RMIT Vietnam | Title of Assignment: | Uber’s legal problem in Thailand | Student name: | Dinh Viet Tuan Anh | Student Number: | S3516558 | Teachers Name: | Daniel Burns | Group Number: | 1 | Assignment due date: | 27/7/2015 | Date of Submission: | 25/7/2015 | Number of pages including this one: | 4 | Word Count: | 754 | According to Bloomberg (2015), Uber is a private company that provides a smartphone application that helps people who need a ride to find a car drivers. The company was established in 2009 and it is currently quite popular in more than 150 major cities around the world (Tuoitrenews 2014). Uber provides people a chance to travel in a luxury car with a low fee and it is also convenient when people can grab a car just by some acts on their smartphone (Tuoitrenews 2014). With its own strengths, Uber want to provide its service in Thailand – a potential market in order to expand its market. However, Uber has experienced a legal problem in there that leads to its failure in expanding the market. This essay will analyse the issue that the company has faced and relate it with the theory of internationalizing. According to Dunning’s reasons for internationalizing...
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...Political System THE HISTORY OF VIETNAM FROM NINETEENTH CENTURY The Nineteenth Century is the initial period of imperialism and colonialism Western capitalist countries. The French colonialists began the invasion in Vietnam through missionaries and trade. From the beginning, the resistance movements under the leadership of Vietnamese intellectuals revolted everywhere. Dong Du movement by Phan Boi Chau and Duy Tan movement by Phan Chau Trinh are two most prominent movement in that time, however, both of them are suppressed by the French. In 1930, Nguyen Ai Quoc, known as Ho Chi Minh coordinated the unification of the parties: the Indochinese Communist Party, Annamese Communist Party and the Indochinese Communist Union, into the Communist Party of Vietnam (CPV) with Tran Phu as the first Secretary General. In 1941, Nguyen Ai Quoc established the Viet Minh Front in northern Vietnam, and it fight for national independence. CPV headed by Nguyen Ai Quoc led the Vietnamese people and the Armed Propaganda Unit for National Liberation successfully led a general uprising to seize power, founded the Democratic Republic of Vietnam (DRV) on September 2, 1945. The globe-shaking victory of Dien Bien Phu in May 1954 put an end to the invasion the French colonialists and to the signing Geneva Agreement. In this period, Northern Vietnam named DRV, under the leadership of Ho Chi Minh, with Hanoi is the capital. South Vietnam named the Republic of Vietnam headed by Ngo Dinh Diem was established...
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...Assigment 1st Assigment 1st Business Strategy Prepared for: Mr. Pham Quoc Khanh (Lecturer) Banking Academy, Hanoi BTEC HND in Business (Finance) Prepared by: Pham Ho Viet – Vizo – F05C Submission Date: Number of words: Business Strategy Prepared for: Mr. Pham Quoc Khanh (Lecturer) Banking Academy, Hanoi BTEC HND in Business (Finance) Prepared by: Pham Ho Viet – Vizo – F05C Submission Date: Number of words: Table of Contents ACKNOWLEDGEMENT 2 1. 1 Explain strategic contexts and terminology 3 a. Nestle vision statement: 3 b. Nestle mission statement: 3 c. Objective: 4 d. Strategic intent 5 e. Core competencies: 5 f. Role of strategy for the company 5 g. How does the company create and implement strategy 5 Summary: 5 1. 2 Review the issues involved in strategic planning 6 a. The report chose the Objective 2 6 b. Set the target 6 c. Impact on managers: 7 1.3 Explain different planning techniques 7 A. BCG growth-share matrix 7 2.1 Produce an organisational audit for a given organisation 14 a. Limiting factors 14 b. Distinctive competencies 14 c. Product positions 15 d. Value-chain analysis 18 e. Organisation structure 19 f. MARKET AUDIT MATRIX 20 g. CUSTOMER AUDIT MATRIX 21 g. Strength and Weakness summary 23 2.2. Carry out an environmental audit for a given organisation 24 Micheal Porter’s five forces 27 Opportunities and threat summary 30 2.3. Explain the significance of stakeholder analysis 31 2.3...
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...BEO 1252 INTERNATIONAL BUSINESS CONTEXT Assignment: Research Report – Open wholly owned subsidiary in Vietnam. Name: Van Huan Tran. 3897340 Vo Long Dang. 3877636 Tat Tuan Ngo. 3904251 Executive Summary: This report was developing to open wholly owned subsidiary in Vietnam. To provide a complete analysis to make sure information, this report will explore the summary of the business environment as the economy, legal systems, and cultural issues, as well as the government of Vietnam. This report aims to present to the board of the new business environment, and provide robust justification of how appropriate it in Vietnam, and the evidence to support Vietnam's decision a suitable location for the establishment of the subsidiary. Table of Contents Executive Summary: 2 Introduction: 3 1 Business Environment: 3 1.1 Economic: 3 1.2 Political Factors: 4 1.3 Environment Factor: 4 1.4 Social Factors: 5 1.5 Technological Factor: 5 1.6 Basic Appeal for Wholly-Owned Subsidiary: Why choosing Vietnam? 6 2 Cultural Issue: 7 2.1 Hofstede Model: 7 2.2 Kluckhohn-Strodtbeck Model: 9 3 Government Promotion on FDI: 11 Recommendation: 12 Conclusion: 12 References: 13 Appendix: 15 Introduction: When the power of globalization, trade and international area has increased significantly over the years. The company has successfully established or have a strong foothold in the domestic market. However, in the aim of increasing expansion...
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...School of Business – University of Economics Ho Chi Minh RESEARCH ESSAY DINH XUAN LOC EAP5 EAP 5 Essay Topic – September 2015 Economy The United Stated, Vietnam, and ten other countries are working together to reach an agreement called the Trans-Pacific Partnership. Once completed, the TPP will boost the economies, lower barriers to trade and investment, increase exports, and create more jobs for the countries involved. To what extent do you agree with the above statement? Refer to specific examples in your answer. The global economy in the twenty first century has changed rapidly with the trend of trade liberalization. The appearance of some high valuable bi- and multilateral agreements might affect strongly trading activities in the future, especially the Trans-Pacific Partnership (TPP) agreement. This free trade agreement (FTA) is one of the most challenging and largest pacts not only for TPP members, but also for the international exchange. Therefore, the purpose of this paper is to ascertain the direct and indirect effect of the TPP agreement to the worldwide trading. In fact, if the TPP is signed by twelve members, it will boost the development of the global economy significantly, as well as might change the exchange policy around the world. The TPP is a comprehensive agreement, so its provisions cover various sectors of national economy, however, with the limitation of time and specialized knowledge, this paper only assess the outcome of the TPP on export of agricultural...
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...Body 1. Literature review: 2. South-east Asia Economic potentials 3. South-east Asia recent Economic performance 4. The likelihood to become significant players in the global economy Prospects and assessments 5. Implication on global economic III, Conclusion I, Introduction Asia is the most dynamic region in the world economy at present. The development of Asia is twice the rate when compared to the other regions. The policy orientation, which stresses free movement of capital, goods and services across the national boundaries are the reasons for the growth which is possible now. The economic efficiency and transfer of technology which foster shifts in productions and comparative advantages are the results of the enhancement. (Chong) Because of the Global Financial Crisis, Southeast Asia has been the Gold rush modern- day as international companies clamor to get a piece of the action. As the major part of the young population of 600million and the increasing middle class people are the few bright spots for economic growth and investment returns. Unfortunately, according to my research has found that much of this region’s growth in recent years had been by ballooning credit and asset bubbles a pattern that is also occurring in the numerous emerging economies across the globe. (southeastasiaseconomy) This easy focus on evaluate the economic performance of South East Asian...
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...Members: Đặng Minh Ngọc (Leader) 1211150110 Lê Tuyết Nhi 1217150114 Đinh Mai Hương 1217150059 Nguyễn Thanh Nga 1214150105 Hồ Bích Phương 1217150120 Nguyễn Thị Ngọc Quỳnh 1217150124 International Investment – Group 8 Instructor: Mrs. Phạm Thị Mai Khanh Members: Đặng Minh Ngọc (Leader) 1211150110 Lê Tuyết Nhi 1217150114 Đinh Mai Hương 1217150059 Nguyễn Thanh Nga 1214150105 Hồ Bích Phương 1217150120 Nguyễn Thị Ngọc Quỳnh 1217150124 ODA & public debt in vietnam [Document subtitle] ODA & public debt in vietnam [Document subtitle] Contents Introduction 2 I. Situation of ODA in Vietnam 3 1.1. The Attraction in ODA in Vietnam 3 1.2. Using and Managing ODA in Vietnam 6 II. Public Debt in Vietnam 11 2.1. The origin of Public Debt in Vietnam 11 2.2. The fact of public debt in Vietnam 13 2.3. The impact of government debt 14 III. The relation between ODA and Public Debt in Vietnam 16 Conclusion 18 Table | Name | Page | Table 1 | The commitment, signed and disbursement of ODA over the period | 5 | Table 2 | The ODA’s contribution to GPD growth | 9 | Introduction The United Nations Millennium Declaration explicitly recognized the role of ODA in the development process and committed industrialized countries to “grant more generous development assistance” (UN 2000). The International Conference on Financing for Development held in Monterrey, Mexico in 2002 reiterated this view and...
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...ASSIGNMENT COVER SHEET UNIVERSITY OF SUNDERLAND BA (HONS) BUSINESS MANAGEMENT Student ID: 149160146/1 | Student Name: La Gia QUy | Module Code: SIM335 | Module Name / Title: Contemporary Development In Business and Management | Centre / College: UTE Ho Chi Minh, Vietnam | Due Date: 9th October 2015 | Hand in Date: 9th October 2015 | Assignment Title: Report of British American Tobacco corporation about developing inViet Nam | Students Signature: (you must sign this declaring that it is all your own work and all sources of information have been referenced)La Gia Quy | Contemporary Developments in Business and Management (SIM337) Assessment weighted at 100% assessing all module learning outcomes. Activity: Prepare a management report of 3,500 to 4,000 words* on an organization within one of the following industry-sectors**: manufacture of alcoholic beverages manufacture of tobacco products, supply of electricity, supply of gas supply of water and/or sewage services or other waste disposal services. and which operates in at least two countries. [An organization profile must be included in your submission as “Appendix 1”.] This report should assess the impact of external business environmental factors on the organization and evaluate the organization’s position and responses. In the case of a large organization it is permissible to confine your report to part of the organization. An organization’s activities may range...
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...The tourism industry in Vietnam ------------------------------------------------- Group 1 Nguyễn Trọng Nhật Nguyễn Đức Huy Lê Ngọc Dũng Vũ Phương Thảo Phạm Việt Anh Lê Đắc Linh ------------------------------------------------- Contents I. Introduction II. Using PESTEL to analyze opportunities and threats of Vietnam tourism industry 1. PESTEL: a. Political b. Economical c. Social d. Technological e. Environmental f. Legal 2. Opportunities and threats of Vietnamese tourism industry: a. Opportunities b. Threats III. Competitors: IV. Tourism is a high competitive industry: a. Some information about Hanoitourist Company b. The Competition V. Keys findings from the questionnaire: VI. Recommendation: 1. Product (Design a Tour) 2. Price 3. Place 4. Promotion 5. People (Human resources) VII. Conclusion: I. Introduction The tourism industry is a highly competitive industry. It requires the ability to constantly adapt to the needs and expectations of customers change, such as satisfaction, safety and comfort of customers. II. Use PESTEL to analyze opportunities and threats of industry tourism in 1. PESTEL analyzing a. Political _Tax policy: Reducing costs, anti-tax...
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